Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto

Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto

by Jeremy

“Excessive bond yields are reflective of sharply greater charges but in addition of real skepticism concerning the long-term viability of crypto amongst institutional buyers after the excessive profile collapses of Terra/LUNA, Celsius [Network], 3AC [Three Arrows Capital], Voyager [Digital], BlockFi and FTX,” Mike Alfred, a worth investor and founding father of digital property funding platform Eaglebrook Advisors, mentioned.

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